The Indian conglomerate Essar has announced that it will invest US$3.6bn in the United Kingdom and in India over the next five years through a new entity, named Essar Energy Transition (EET), with the goal to drive decarbonisation.

The 1.375 gigawatt plant will be linked to an industrial area the president said will house electric vehicle and battery plants as well as aluminium and petrochemical facilities.

Even though Europe has significantly cut its reliance on Russian gas, a lot of the storage that they used to cut the reliance was actually Russian gas from the past.

The Biden-Harris Administration, through the U.S. Department of Energy (DOE), announced $2.52 billion in funding for two carbon management programs to catalyze investments in transformative carbon capture systems and carbon transport and storage technologies.

The electricity industry won’t be able to deal with future demands if it remains on its present modest growth trajectory.

The early retirement of approximately 150GW of coal generating facilities creates another issue for the plant owners, most of which are electric utilities.

Since 2000, the world has spent more than $5 trillion on green energy.

Australia’s energy minister has ruled out a ban on new coal mines as part of the country’s overhaul of climate policy.

We can replace all crude oil with cellulosic biomass (corn stover, forest debris, etc.) liquid drop-in hydrocarbons if the conversion process uses massive external sources of heat and hydrogen.

Many countries including China and India have developed aggressive nuclear development plans, as have Poland, the Czech Republic, the UK, the Netherlands, and even Ukraine to a lesser extent.

Metaverse technology platforms are predicted to become a lucrative market – possibly up to $800 billion by 2024, according to a December 2021 Bloomberg report; this is a potentially large market.

Renewable energy sources (i.e., biomass, geothermal, hydropower, solar, wind) provided nearly three-quarters (74.1%) of new utility-scale generating capacity in the U.S. last year.

Динамика роста продаж электромобилей в первую очередь обусловлена реализацией мер поддержки, направленных на развитие электротранспортной отрасли и стимулирование спроса в рамках инициативы.

World electricity demand remained resilient in 2022 amid the global energy crisis triggered by Russia’s invasion of Ukraine. Demand rose by almost 2% compared with the 2.4% average growth rate seen over the period 2015-2019.

The Foundation for Energy Security and Innovation (FESI) will support DOE to carry out its critical mission to ensure America's continued security and prosperity through transformative science and technology solutions.